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CONTRACT TO RAZE 'EL' HELD ALTERED; Councilman Kinsley Charges Changes Saved Contractor $150,000 in Insurance ISAACS ISSUES A DENIAL Borough President Says Any Revisions Were Made to the Benefit of the City Isaacs Defends Contract Officials Confer on Statement $200,000 Binder Cited

Charges that the contract for demolition of the Sixth Avenue elevated structure was modified after bids were closed and the contract awarded to the Harris Structural Steel Company so the Harris company saved $150,000 in insurance premiums and that the company had failed to take out a reinsurance policy required by the contract, ...

January 15, 1939

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